In 2023, the largest European importers of cocoa paste were the Netherlands, Spain, and Belgium. The Netherlands led in volume with 154.73 million kilograms, exhibiting a year-on-year growth of 3.11%. Spain and Belgium followed closely with significant imports of 115.25 and 102.49 million kilograms, respectively, showing growth rates of 3.63% and 4.15%. Notably, Ireland experienced the highest year-on-year growth at 99.22%, whereas Lithuania and Romania faced large declines of -14.69% and -10.0%.
Future trends to watch include:
- The potential stabilization of Ireland’s import volumes following its dramatic increase.
- Monitoring Slovakia’s high growth rate of 9.49% and whether it will sustain.
- Potential recovery for countries with declining imports like Lithuania and Romania.
- The overall health of the European confectionery industry, which may influence cocoa paste demands.
Top countries in Import of Cocoa Paste by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 154,730,000 | 2023 | +2.57% | +3.11% | View data |
| 2 | 2 Spain | 115,250,000 | 2023 | +8.67% | +3.63% | View data |
| 3 | 3 Belgium | 102,490,000 | 2023 | +4.38% | +4.15% | View data |
| 4 | 4 Germany | 99,848,000 | 2023 | +2.66% | +2.69% | View data |
| 5 | 5 France | 96,860,000 | 2023 | +0.33% | +1.33% | View data |
| 6 | 6 Poland | 58,043,000 | 2023 | +2.25% | +1.57% | View data |
| 7 | 7 Italy | 36,844,000 | 2023 | +9.05% | +4.61% | View data |
| 8 | 8 United Kingdom | 19,287,000 | 2023 | +2.38% | +7.3% | View data |
| 9 | 9 Bulgaria | 12,666,000 | 2023 | +1.22% | +3.57% | View data |
| 10 | 10 Ireland | 6,022,500 | 2023 | +5.51% | +99.22% | View data |